Frontier Lithium awarded 2019 Bernie Schnieders Discovery of the year
Frontier Lithium awarded 2019 Bernie
Schnieders Discovery of the year
SUDBURY, ON
, April 21, 2020 /CNW/ - Frontier Lithium Inc. (TSXV: FL) ("Frontier" or "the
Company") is pleased to receive discovery of the year award from the Northwestern Ontario
Prospectors Association ("NWOPA").
Frontier Lithium, Spark Pegmatite Channels (CNW Group/Frontier Lithium Inc.)
"This company was able to put together a really exciting project and resource within 14 months of
discovery...It's quite large, and the grade is quite high," said Robert Cundari who chairs the
NWOPA's awards committee. He added "Frontier made the discovery in a type of pegmatite
(igneous rock) that is very rare, and quickly defined quite a considerable deposit."
"We'd like to thank the committee for this honour as well as congratulate our exploration team
and the supporting First Nations partners at the PAK Lithium Project," commented Garth
Drever, Vice President Exploration of Frontier Lithium.
"This appreciated recognition highlights an emerging premium lithium-metal district in the Great
Lakes region of northern
Ontario
," commented
Trevor Walker
, President and CEO of Frontier
Lithium. "The resource growth on our project is timely as
Canada
and
the United States
have
recently announced the finalization of the Canada-U.S. Joint Action Plan on Critical Minerals
Collaboration when North American's are struggling and seeking to bring supply chains home."
The Spark Pegmatite Discovery Timeline
;
September 2018
, Frontier Lithium geologist identified the Spark Pegmatite while traversing a
high priority target and immediately conducted channel sampling prior to winter freeze-up
January 2019
, Frontier Lithium received significant results from the Spark pegmatite
236 m
of
channel samples at an average grade of 1.91% Li
2
O -
January 17, 2019
news release
Frontier completed two diamond drill programs on the Spark Pegmatite over eight holes in
2,500 m
in 2019 which identified significant lithium mineralization at surface and persisting at
depth. Significant results include assays of 1.61% Li
2
O over
231 m
and 1.4% Li
2
O over
215 m
-
April 9
and
September 24, 2019
news release
In early 2020, Frontier released an initial resource estimate for the Spark Pegmatite 14 months
after the initial discovery -
February 4, 2020
news release
About Frontier Lithium Inc.
Frontier Lithium is a
Sudbury
based, Canadian owned, publicly listed, junior mining company with the
largest land position in an emerging premium lithium mineral district located in the Great Lakes
region of northern Ontario. The company is in late-stage exploration, early-
stage
development phase with the near-term goal of building a Demonstration concentrator under an
advanced exploration permit. The company's PAK Lithium Project contains
North America's
highest-
grade concentration of rare low-iron, lithium bearing mineral spodumene and is
Ontario's
largest
resource with significant upside potential to increase. Frontier Lithium's current objective is to
demonstrate the PAK Lithium Deposit's potential to produce up to 2,000 tonnes Lithium Carbonate
Equivalent ("LCE") of premium spodumene concentrates for glass producers and feedstock to
produce lithium chemicals.
Frontier maintains a tight share structure with management ownership exceeding 30% of the
Company.
About the PAK Lithium Project
The PAK Lithium Project encompasses 26,774 hectares at the south end of
Ontario's
Electric
Avenue, which is the largest land package hosting lithium bearing pegmatites in
Ontario
. The Project
covers 65km of Avenue length and remains largely unexplored; however, since 2013 the company
has delineated two premium spodumene bearing lithium deposits located 2.3 km apart at the
southwestern end of the Project. Recently, Frontier confirmed the presence of spodumene with the
Pennock Lake pegmatite occurrence a further 30km along Frontier's PAK Lithium Project.
The PAK deposit has a mineral reserve in proven and probable category of 5.77 MT averaging
2% Li
2
O has a rare technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe
2
O
3
).
The second Spark Deposit was initially discovered in
September 2018
and has a mineral resource
estimate of 3.2 MT averaging 1.59% Li
2
O in indicated, plus 12.2 MT averaging 1.36% Li
2
O in
inferred category, as per the NI 43-101 Technical Report, "PAK prefeasibility study, Spark resource
estimation" by WSP Canada Inc. and Nordmin Engineering Ltd., updated on
March 23
, 2020.
SOURCE
Frontier Lithium Inc.
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For further information:
Company Contact Information: Bora Ugurgel, Manager, Investor
Relations, 2736 Belisle Drive Val Caron, ON. P3N 1B3, CANADA, T. +001 705.897.7622, F. +001
705.897.7618
CO: Frontier Lithium Inc.
CNW 16:37e 21-APR-20